The 10% of S&P 500 stocks with the most extreme valuations have median price/revenue ratios just 11% from 2000 extremes
At yesterday's close, the 10% of S&P 500 stocks with the most extreme valuations have median price/revenue ratios just 11% from 2000 extremes. Of course, that decile suffered median losses of -83% in the next two years. The other 90% of the SPX is already 30-70% past 2000 levels. pic.twitter.com/yDR011OZ24 — John P. Hussman, Ph.D. … Read more